Somali Banaadir Community of MN Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

Mission

Provide nutritious meals, and health and cultural guidance to the greater Minnesota Somali community through participation in the Child and Adult Care Food Program.

Program Service Accomplishments

Program 1

Expenses: $11,163

Provided access to free or low-cost food products to children and minority members in the greater Somali community. Provided education and guidance about nutrition, general health, community, and...

Provided access to free or low-cost food products to children and minority members in the greater Somali community. Provided education and guidance about nutrition, general health, community, and sustainability. Provided education and guidance regarding Somali heritage and culture generally, and its position within the greater Minnesota community, generally.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,163

Other Expenses $11,163

TOTAL EXPENSES $11,163

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$823,656	-1.0%
Expenses	$11,163	$810,375	-1.0%
Net Income	N/A	$13,281	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Taha Ahmed	Secretary	Officer Director	$0	$0	$0
Bill Busuri	Vice President and Treasurer	Officer Director	$0	$0	$0
Asha Busuri	President and Executive Direc	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	No data	$11,163	No data	No data
2021	$823,656	$810,375	$13,281	$13,281